QUOTE(champu @ Nov 18 2014, 12:56 PM)
TERMS OF WITHDRAWAL
Upon reaching the age of 55, you are eligible to withdraw your savings according to the following methods:
(i) A lump sum withdrawal; OR
(ii) A combination withdrawal from either one of or both of the following:
Partial withdrawal; AND/OR
Monthly payment withdrawal
The combination withdrawal method are as follows:
(i) Withdrawal of a partial amount of your savings and retain the balance in your EPF account
(ii) Withdrawal of a partial amount of your savings and transfer the balance for monthly payments
(iii) Withdrawal of a partial amount of your savings and transfer a partial amount for monthly payments while maintaining the
balance in your EPF account;
(iv) Transfer your entire savings amount for monthly payments.
Members can submit the application within 6 months before the member reaches the age of 55, according to the date of birth.
However, payment will be made within 5 working days after reaching the age of 55.
SOS
The official withdrawal is at the age of 55, but OPTION is given for members who wish to keep the savings till the age of 60 - <75.
Congrats on your ikan bilis
Thanks. Upon reaching the age of 55, you are eligible to withdraw your savings according to the following methods:
(i) A lump sum withdrawal; OR
(ii) A combination withdrawal from either one of or both of the following:
Partial withdrawal; AND/OR
Monthly payment withdrawal
The combination withdrawal method are as follows:
(i) Withdrawal of a partial amount of your savings and retain the balance in your EPF account
(ii) Withdrawal of a partial amount of your savings and transfer the balance for monthly payments
(iii) Withdrawal of a partial amount of your savings and transfer a partial amount for monthly payments while maintaining the
balance in your EPF account;
(iv) Transfer your entire savings amount for monthly payments.
Members can submit the application within 6 months before the member reaches the age of 55, according to the date of birth.
However, payment will be made within 5 working days after reaching the age of 55.
SOS
The official withdrawal is at the age of 55, but OPTION is given for members who wish to keep the savings till the age of 60 - <75.
Congrats on your ikan bilis
Nov 18 2014, 01:57 PM

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